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Autronica Acquisition
01 Jan 2003
Autronica Fire and Security has acquired Kongsberg Maritime's fire protection business for just under £5m. The new business, a division of Kongsberg Maritime Ship Systems, will gain greater access to global marine markets through Autronica and its sister companies.
The two companies already have a close relationship, with the latter selling Autronica's AutroSafe fire alarm system in the marine market alongside its own AutroMaster colour-graphic management system.
MJ Information No: 17825
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